Lunnon Metals Limited (ASX: LM8) Reports High Gold Recoveries at Lady Herial
Metallurgical Test Results
Lunnon Metals Limited (ASX: LM8) announced excellent metallurgical test work results for its Lady Herial prospect. Independent tests on 13 samples demonstrated an average gold recovery of 95%, with sample LT15 achieving a remarkable 99.3% recovery from a high-grade 78.95 g/t Au assay.
Operational Achievements
The test work confirmed that the gold mineralisation at Lady Herial is free milling with low reagent consumption. The presence of coarse gold indicates a significant gravity recoverable component, which could enhance future recovery rates. These results are among the highest recoveries seen by the company’s metallurgical consultants.
Future Outlook
Lunnon Metals plans to incorporate a gravity separation step in future processing flowsheets to achieve even higher recoveries. Additional optimisations around grind size, residence time, and reagent usage are also anticipated to further enhance recovery and treatability of the ore.
Executive Comments
Managing Director Edmund Ainscough stated, “These results are another significant de-risking step completed at Lady Herial. The next step is to complete further test work which will be aligned with the process flow for the gold plant that this material ultimately ends up at. It is satisfying to know that based on the data available, and as expected after over 30 years’ experience in this district, the Lady Herial gold mineralisation is a classic ‘St Ives’ deposit; one that delivers free milling gold with high recoveries and low reagent consumption.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.